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4 Comments

4. Vantage   I Like It. |Report Abuse|  Link|April 4, 2022 10:45:44 AMReply
Thank you ADMIN for opening this page.
I think we are now seeing better structure and traction on buybacks from all users as well.
One query , why does the username and login needs to be entered for Buyback page while for IPO message board the credentials need to be entered less number of times..
is it by design or needs to be changed?
4.1. Team Chittorgarh.com   I Like It. |Report Abuse|  Link|April 4, 2022 11:04:24 AM
@Vantage,
Login is made mandatory to post a message on IPO pages.
Login is optional to post a message on buyback pages.

We enable login where there is more spamming. Buybacks are running fine for now. If you are logged in, you don't have to fill in the information like name and email.
3. Vantage   I Like It. |Report Abuse|  Link|February 23, 2022 3:01:09 PMReply
ADMIN/ chittorgarh team , Thank you for making good FAQs

I want to Request you to please add the following FAQ since we are fresh in our minds

Question : How is the buyback price arrived at for Retail category in Buyback ?

Ans:
Till now, i am getting to see mixed responses from users, its either -
a. Max Transactions on the record date OR
b. Price at the start of the EX-Date 22nd Feb OR
c. something altogther different.

What exactly is the answer to this much sought after question, i think if we have this in black n white , it will avoid lots of confusion esp for upcoming buybacks
3.10. Team Chittorgarh.com   I Like It. 1|Report Abuse|  Link|February 25, 2022 1:17:27 PM
Thank you Vantage for reporting the error. The error is now rectified.

Its 56 shares as per our calculation.

The information on this page and the Buyback Price Calculation & Maximum Shares for Retail Category is now updated.


3.11. Vantage   I Like It. |Report Abuse|  Link|February 25, 2022 1:52:44 PM

1) I see that the record date price is now changed to
from 3,571.90 -> 3,563.80 (also,its not a big change,so the number of total shares dont change)

2a)But then there is one last change which i think we should still do viz. change this line in this page itself -
"As on the Record Date, the closing price on NSE, being the Recognized Stock Exchange having the highest trading volume, was Rs 3,571.90 per Equity Share. Accordingly, all Eligible Shareholders holding not more than 56 Equity Shares as on the Record Date are classified as 'Small Shareholders' for the buyback offer."

as it mentions the older value of 3751.90.
2b) On the buyback price caluclation link , also repharsing needs to be done
"TCS shares closing price on 23 February 2022 (record date) at NSE was Rs 3,563.80 and at BSE was Rs 3565.30. Since the trading volume of TCS is higher on NSE for that day, the number of Shares as on Record Date to qualify as Small Shareholder comes to 56 shares (200,000/3571.90 with fractional value ignored)."
to mention 3,571.90 -> 3,563.80

3.Lastly and most importantly , So the definition is "
" we just take CLOSING PRICE viz 3563.80 of the scrip as on record date on an exchange that had higest volume as a definition"

2. Vantage   I Like It. |Report Abuse|  Link|August 3, 2021 10:39:19 PMReply
Allotment results are out!
2.1. InvestIndia   I Like It. |Report Abuse|  Link|August 3, 2021 11:19:27 PM
Any idea about latest GMP
1. Vantage   I Like It. |Report Abuse|  Link|July 26, 2021 11:28:16 PMReply
Folks if you have applied using UPI , then you can check your UPI app to know if you have recvd an allotment or no .
Under gpay , go to mandate -> check the IPOs mandate to see if the money has been deducted
This way all Zerodha applicants who applied under UPI can easily come to now before the registrar shows on their site.

Hope this helps.